A competition designed to spur on innovation in the recycling industry has been announced by its sponsors.
The Recycling Innovators Forum will take place next August as a way to encourage new ideas to improve the recycling industry.
The forum, based in Kentucky, USA, is sponsored by the American Chemistry Council’s Plastics Division, Coca-Cola Recycling, eCullet, Resource Recycling and Waste Management.
The competition is open for anyone to submit original ideas for transforming the recycling industry.
Organisers said they aim to incentivise “invention, originality and measurable improvement in recycling customer experiences, processes, technology and markets.”
There are 12 categories that applicants can work within, including recycling markets, engineering improvements, and innovative collection ideas.
To enter, applicants need to submit a short proposal by 7 January 2013 (for more details on entry see recyclinginnovators.com). They will then be in the running to be in the chosen top seven to 10 that will present their ideas to a panel of judges at the Innovators Recycling Forum on the 26 August. This is in conjunction with the Resource Recycling Conference at the same venue on 27-28 August 2013.
The top three finalists will win honorariums - $20,000 for first place, $5,000 second place, and $2,000 for third place - as well as paid travel and accommodation. The winners will also receive media coverage, and the opportunity to present their ideas to venture capitalists.